Adani Energy Solutions establishes new subsidiary, reduces debt

Adani Energy Solutions Limited (AESL) has incorporated a new wholly-owned subsidiary, Adani Energy Solutions Step-Fourteen Limited, on September 2, 2025. This new entity, with an authorized and paid-up share capital of Rs. 1 Lakh each, is established for power transmission, distribution, and supply, and other related infrastructure services. It is yet to commence business operations.

In parallel, Adani Electricity Mumbai Ltd (AEML), a subsidiary of AESL, successfully repurchased and canceled $44.661 million of its $300 million 3.867% senior secured notes due 2031. This action, funded by internal cash flows, reduces the outstanding principal to $255.339 million, following earlier liability management efforts totaling $169.5 million.

AESL will also engage with investors through virtual one-on-one and group meetings at the BOFA APAC Equity and Credit Conference on September 8, 2025, to discuss the company's performance and strategy.